Ahmedabad: The Reserve Bank of India, as part of its continuous monitoring and development-oriented coordination and engagement with its regulated entities, organized a workshop on “Combating Cyber Fraud” at Ahmedabad to create awareness about cyber fraud incidents and the emerging new techniques. As part of the ongoing series to create awareness among regulated entities on the issue of cyber fraud, the first such workshop was organized for 100 small urban cooperative banks on 25th February 2026. The second workshop was attended by the Chief Executive Officers, Senior Management and Heads of Information Technology Departments of 94 Urban Cooperative Banks, District…
Author: Melvyn Thomas
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Ahmedabad: Gujarat Gas company limited, Gujarat government undertaking, has implemented two slabs to control the usage of industrial gas consumption due to the ongoing war between Iran and United State (US)-Israel. The gas company has stated that two slabs have been implemented to control industrial gas consumption due to war. If industries use more than 80% gas, they will be charged Rs 85 instead of Rs 49.50 per additional unit. The company supplies more than 7 lakh kg of gas to more than 1000 industries across the state. In Surat itself, more than 1.50 lakh kg of gas is used…
Surat: For the first time since it was officially inaugurated by Prime Minister Narendra Modi in 2019, the Surat Diamond Bourse (SDB), touted as the world’s largest office building–much bigger than the Pentagon in the US–is holding the pre-auction of rough diamonds in its precincts. Dubai’s top three rough diamond trading companies have organised diamond viewing for the merchants and diamond companies based in Surat. The pre-auction, which started from March 23, will continue till March 27. The pre-auction has been organised by the Gem and Jewelry Export Promotion Council (GJEPC) pre-auction viewing of rough diamonds of Dubai’s Star Gems…
Surat: The textile dyeing and printing mills in the country’s largest man-made fabric (MMF) hub in Surat and south Gujarat are facing a severe crisis due to the ongoing war in the Middle East. With the prices of key raw materials such as coal, chemicals and dyes etc. increasing significantly, the textile processors have unanimously decided to keep their factories shut for two days in a week. If there is no sign of relief from the price increase in basic raw materials like coal, chemicals, dyes in the next few days, then the dyeing printing mills, processing units, which are…
Gandhinagar: The state government has confirmed that Gujarat has a sufficient LPG supply and has advised citizens not to pay attention to any rumours regarding shortages. Gas agencies are maintaining strict monitoring to ensure the smooth and timely distribution of cylinders, with doorstep delivery arrangements in place, so that citizens don’t have to visit the agencies or wait in queues. Oil marketing companies have introduced tech-enabled systems that allow citizens to receive LPG cylinders at home with just a single click on their mobile phones. Sufficient stock is available for LPG bookings and refills. Registered beneficiaries can easily place orders…
Surat: Due to the shortage and excessive price hike of petroleum products, yarn spinners and traders have increased the prices of yarn excessively, the two major organizations of weaving industries producing cloth in Surat, Rapier Jacquard Weavers Association and Airjet Weavers Association, have had to issue guidance to the manufacturers that the manufacturing of the fabric should be done as per the order and while calculating its costing, the price at which the yarn was purchased should be calculated in detail, otherwise a small mistake can cause the manufacturer to suffer a loss of lakhs of rupees. In the meeting…
Gandhinagar: Addressing the Confederation of Indian Industry (CII) Gujarat Annual Session and the conference on ‘Gujarat @$1 Trillion Economy’ held in Ahmedabad, Chief Minister Bhupendra Patel stated that by following the development path envisioned by Prime Minister Narendra Modi, Gujarat is poised to become a $1 trillion economy by 2030. To achieve this target, the State Government is committed to providing all necessary support in partnership with industrialists. Recalling the past, the Chief Minister stated that there was a time when development in Gujarat was limited only to the Vapi–Vadodara belt. However, with the vision of inclusive development for the…
Gandhinagar: If all goes well, the GIFT city in Gandhinagar will have not one, two or three, but about 20 international-class restaurants to boost the ‘evening life’ and social needs of the youth working in GIFT City. This was announced by Deputy Chief Minister Harsh Sanghavi was present at the inaugural session of “IFSCA Talent Vista Summit-2026” at GIFT City-Gandhinagar. Sanghavi stated that more than 20 international-class restaurants will be started in GIFT City in the next one year. In addition, the state government is working seriously on the ‘Working and Living in GIFT City’ model, so that the employees…
Surat: While a reliable and adequate power supply is essential to accelerate the industrial development in Surat and South Gujarat region, for the past few years, problems like frequent power outages, voltage fluctuations and overloaded substations in various industrial areas of Surat district have been posing a serious challenge to industrialists. Taking this issue seriously, a delegation of the industry leaders and office-berarers of Southern Gujarat Chamber of Commerce and Industry (SGCCI) held a meeting with the Principal Secretary Ashwin Kumar, Managing Director of GETCO Upendra Pandey and high officials of GUVNL (Gujarat Urja Vikas Nigam Limited) and DGVCL (Dakshin…
Surat: The Textiles Committee under the Ministry of Textiles, Government of India, in collaboration with The Southern Gujarat Chamber of Commerce and Industry (SGCCI) organised a road show and stakeholders consultation meeting on the Textile Export Facilitation Centre (TEFC). J.D. Burman, Director, Textiles Committee, delivered the welcome address and welcomed the dignitaries and participants present. He said that Surat is one of the leading textile hubs of the country, which has a strong identity especially in the field of manmade fibre textiles, weaving, processing and garment manufacturing. Due to the innovation, entrepreneurship and continuous efforts of the industrialists, Surat has…
